欧洲汽车零部件供应商大会论坛European Supplier Conference.pdfVIP

Autofacts ® European Supplier Conference Nov 29th 2011 Agenda The European Economy and its Impact upon the Automotive Industry •  Economic update •  Vehicle market update •  Production outlook The European Economy and its Impact upon the Automotive Industry Market Overview – European Union Divergent developments The economy •  Risks of further debt contagion, further austerity measures, weak consumer confidence and economic growth. Continuing market •  Wide variation in market performance this year although most markets now starting to decline. Overall marginal divergence decline in 2011 with greater fall anticipated for 2012. Output trends •  Assembly growth in 2011 H1, with some OEMs capacity constrained, but as economic reality sets in mainstream diverging OEMs now removing volume from Q4 schedules and 2012 Exports growth, •  Export growth, not just China, a major factor in output growth over past two years, especially for German brands. not just China This effect expected to slow dramatically from 2012 PwC 4 Eurozone Sovereign Debt Strong growth since 2008 crisis Eurozone sovereign debt as percentage of GDP 2000-2011 90% 85% 80% 75% 70% 65% Debt growth from 2008 financial crisis due to 60% bank bail outs, economic stimulus 55%